Market Imperfections - Publications - Faculty & Research

November 2024
Article

Perceptions About Monetary Policy

By: Michael D. Bauer, Carolin Pflueger and Adi Sunderam

We estimate perceptions about the Federal Reserve’s monetary policy rule from panel data on professional forecasts of interest rates and macroeconomic conditions. The perceived dependence of the federal funds rate on economic conditions varies substantially over time,... View Details

Keywords: Monetary Policy; Policy; Interest Rates; Perception; Economy; Forecasting and Prediction

02 Apr 2019
News

The Right Way to Get Your First 1,000 Customers

Research Summary

Dissertation: "Essays in International Non-market Strategy and the Political Economy of Environmental Regulation"

My dissertation is part of a research agenda intended to advance our understanding of the interaction between companies and non-market actors (e.g. regulators) in an international context. The empirical setting of my analysis is the European Union Emissions Trading... View Details

24 Jul 2000
Research & Ideas

Value Maximization and Stakeholder Theory

important constituencies of the firm. This includes not just financial markets, but employees, customers, suppliers, the community in which the organization exists, and so on. Indeed, it is obvious that we cannot maximize the long-term View Details

Keywords: by Michael C. Jensen

02 Mar 2007
What Do You Think?

What Is the Government’s Role in US Health Care?

from government. Suggestions of causes of the current challenge of rapidly rising costs in relation to quality of outcomes, at least by the imperfect measure of life expectancy, included waste in the system (Julie Maire, Edward Hare, and... View Details

Keywords: by Jim Heskett; Health

06 Dec 2022
Research & Ideas

Latest Isn’t Always Greatest: Why Product Updates Capture Consumers

Suppose you’re in the market for a new selfie stick for an upcoming vacation. You see two models online—one that extends to 24 inches and the other to 16. Seems obvious that you’d pick the longer one, right? Bigger and better panoramic... View Details

Keywords: by Michael Blanding; Consumer Products; Retail

01 Dec 2023
News

The Imposter Among Us

is something I was afraid to do earlier in my career so as to not come across as incompetent. Now, I’m completely comfortable asking the “dumb” questions so that I am fully equipped to operate at the best of my ability. —Clifford Maxwell (MBA 2021) Perfectly View Details

Keywords: Business Schools & Computer & Management Training; Educational Services

28 Nov 2023
Book

Economic Growth Draws Companies to Asia. Can They Handle Its Authoritarian Regimes?

democracies, which are imperfect and messy, but endeavor to fundamentally protect the rights and safety of people.” Sean Silverthorne: In general, what do business leaders need to know about operating in authoritarian regimes? Meg... View Details

Keywords: by Sean Silverthorne

24 Apr 2007
First Look

First Look: April 24, 2007

Abstract Empirical evidence of imperfect integration across world capital markets suggests a role for cross-border arbitrage by multinationals. Consistent with the hypothesis that multinational arbitrage is... View Details

Keywords: Sean Silverthorne

20 Apr 2015
Research & Ideas

The 5 Strategy Rules of Bill Gates, Andy Grove, and Steve Jobs

integrated computer industry, and was able to specialize in creating the core component of computing—the microprocessor. And then he championed that silicon part with the famous "Intel Inside" marketing campaign. "The... View Details

Keywords: by Michael Blanding; Computer

Web

Skydeck - Alumni

professors, and lifelong partners they met on campus Helping Consumers Decarbonize their Purchases In this excerpt from the HBS podcast Climate Rising , Sanchali Pal (MBA 2018) discusses the business plan behind her sustainable spending app Striving for View Details

Profile

Maha Malik

first year at HBS has been "a year-long training in how to navigate difference. Through the case method, you learn to form opinions based on imperfect information—it forces you to put yourself out there while learning to remain open.... View Details

Keywords: Consulting; Financial Services

Web

HBS Entrepreneurship Summit - Alumni

Getting to Product Market Fit Hiring Fast and Firing Faster Life as an Entrepreneur Managing Growth vs. Profitability Managing Pivots and Setbacks Negotiating Partnerships Builders - Small Group Discussions: Builder/Founder Relationships... View Details

09 Jul 2020
Research & Ideas

It’s Time to Reset Decision-Making in Your Organization

write that during periods of intense activity, brief daily AAR meetings can help teams coordinate and improve the next day’s activities. AARs can be done on discrete projects like a pandemic-focused marketing campaign in order to improve... View Details

Keywords: by Boris Groysberg and Sarah Abbott

14 Aug 2018
First Look

First Look at New Research and Ideas, August 14, 2018

Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=54823 June 2018 Strategy Science Integrated Strategy: Residual Market and Exchange Imperfections as the Foundation of Sustainable Competitive... View Details

Keywords: by Sean Silverthorne

27 Feb 2007
First Look

First Look: February 27, 2007

intermediaries, who assume risk, provide less-than-fully-elastic supply. We show that equilibrium required returns will be "high" in the presence of financing imperfections that make intermediary capital costly. Moreover,... View Details

Keywords: Martha Lagace

04 Sep 2017
Blog Post

HBS Startup Bootcamp and Founders Unfiltered

on data while exploring market fit. Faculty presented central themes of renowned HBS courses like Founders’ Journey and Entrepreneurial Finance. Industry experts offered their insights on how to effectively manage public relations, what... View Details

05 Jun 2009
What Do You Think?

What Does Slower Economic Growth Really Mean?

an imperfect proxy for growth . Rather than focus on GDP per se, we should look at standard of living, productivity, innovation." Noting that "GDP is a point-in-time measure," Gerald Nanninga asked. "How much of the... View Details

Keywords: by Jim Heskett; Financial Services; Construction; Real Estate

01 Nov 2011
First Look

First Look: Nov. 1

Advocates claim that such a mechanism would level the playing field, whereas opponents argue that such a tariff is anti-competitive. This paper analyzes how carbon tariffs affect technology choice, regional competitiveness, and global emissions through a model of View Details